Part II (13 marks) Singer Company adjusts its account annually. Below is extracted from the trial balance of the Company as at 31 December, 2021 prior to year end adjusting entries. Accounts receivable Allowance for impairment $335,000 $7,300 (Dr) An aging analysis on the probability of uncollectible amount is broken down as follows: Amount past due Not yet due 1-30 days 31-60 days Over 60 days Required: Accounts Receivable % of uncollectible 95,000 1% 150,000 2% 85,000 5% 5,000 10% (a) What is the total estimated uncollectible amount of accounts receivable? (2 marks) (b) Prepare journal entries to record impairment loss of receivable in 2021 using Statement of Financial Position approach. (4 marks) (c) Prepare a partial statement of financial position as at 31 December 2021 on the accounts receivable. (3 marks) (d) Prepare journal entries to record impairment loss of receivable in 2021 assuming the balance of the Allowance for Impairment account is $7.300 (Cr.) prior to adjustment. (4 marks)